Chapter 3 · Question 3
What were the main flows in the nineteenth-century world economy?
Answer
Direct Answer
The nineteenth-century world economy was shaped by flows of goods, labour, and capital. Trade expanded, people migrated as indentured labourers or settlers, and capital moved from industrial countries to colonies and other regions.
Simple Explanation
The nineteenth-century world economy was shaped by flows of goods, labour, and capital. Trade expanded, people migrated as indentured labourers or settlers, and capital moved from industrial countries to colonies and other regions.
Exam-Ready Structure
The nineteenth-century world economy was shaped by flows of goods, labour, and capital. Trade expanded, people migrated as indentured labourers or settlers, and capital moved from industrial countries to colonies and other regions.
Key Points
- The nineteenth-century world economy was shaped by flows of goods, labour, and capital.
- Trade expanded, people migrated as indentured labourers or settlers, and capital moved from industrial countries to colonies and other regions.